$ 260,000
653 W Compton BLVD Compton, CA 90220
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$ 260,000
Est. payment | /mo
5,074 Sqft Lot
$ 260,000
Est. payment | /mo
5,074 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 24457725
HOA Y/N No
Lot Size 5,074 Sqft
Property Description
Property is back on the market after being totally cleaned of all things that were on the site. The property is priced almost $65K less than original list price and $30K below recent appraisal. Seller wants it sold immediately. Best priced lot in the entire city. Rare opportunity to buy a vacant lot ready to develop. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned CL for commercial purposes. Per the City Planning staff, the City will allow residential development in conjunction with a commercial development with a CUP. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Alley and street access allow for more development opportunities. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval. Contact Kevin Theodorea at (310) 365-3456 for all loan details and to get your best terms. Commercial vacant lot not subject to NAR settlement agreement. Full 3% to selling agent.
Location
State CA
County Los Angeles
Area Rp - Compton S Of Rosecrans, E Of Central, W Of Ala
Zoning CL
Interior
Fireplace No
Exterior
Community Features Gated
Utilities Available Natural Gas Available
Others
Tax ID 6151009059
Security Features Gated Community
Financing Cash
Special Listing Condition Standard
Listed by David Bond • David Bond
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Erik Chavez
REALTORS® | Lic# 02064537